peakbroker

GBP/JPY Daily Forecast (21th July)

Short
peakbroker Updated   
FX:GBPJPY   British Pound / Japanese Yen
After a full day of strengthening, a correction is expected on the GBP/JPY chart.
The price is at strong resistance, the rsi is overbought. Target price is Fibonacci 0.5 zone, where there is also a key level.
Trade closed manually:
Closed at BE

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